YEREVAN, December 29. /ARKA/. The Central Bank of Armenia has published the Residential Real Estate Price Index (RRI). According to the regulator’s press service, this is a new statistical indicator aimed at reflecting price changes in the Armenian residential real estate market.
In the third quarter of 2025, residential real estate prices increased by 5.5% compared to the same quarter last year and by 1.9% compared to the previous quarter. Specifically, apartment prices increased by 2% over the same period, while house prices increased by 18.6%. In the third quarter of 2025, 7,113 residential real estate purchase and sale transactions were concluded in Armenia, totaling approximately 215.1 billion drams.
The Residential Real Estate Price Index (RRI) is calculated quarterly based on market transaction data registered by the Cadastre Committee of the Republic of Armenia. The index’s calculation methodology allows for price changes to be adjusted for the impact of property quality characteristics, ensuring a more accurate assessment of average price changes.
A methodology is used in calculating the index that allows for price changes to be adjusted for the impact of property quality characteristics, ensuring a more accurate assessment of average price changes.
The RRI is published by the Central Bank to improve the transparency of real estate market information and strengthen the analytical foundations of monetary and macroprudential policies. The index can be used by policymakers, analysts, experts, and the general public to assess market trends.
The RRI is calculated quarterly and published on the 45th day following the reporting period.
